Intermediary goods are the goods which are used for satisfying human wants  True/False

Q: A necessity is defined as a good having

A: To find : What is definition of necessity.

Q: Consequences of market failure

A: Market failure is a situation resulting from inefficient distribution of goods and services in free…

Q: Utilitarianism definition

A: It is one of the morality theory.  It proposes actions that cause happiness.  It opposes actions…

Q: All information sources are created equal.

A: Solution:      All information sources are created equal is a false statement.

Q: True or False: Money must be issued by a government for people to accept it.

A: ANS Money can be anything that is used as a common medium of exchange irrespective of it is issued…

Q: Please provide an example of someone who violated netiquette and what happened as a result

A: When interacting via email or the internet, netiquette refers to a system of rules and traditions…

Q: Actions by states, international organizations, or the international community in general to…

A: Suffering, or pain in a broad sense, is an unpleasant and aversive feeling related with a person's…

Q: Compare and contrast major styles of leaderahip

A: There are major 4 style of leadership- i) Transactional Leaders Are Directive Style: People who need…

Q: In markets for information, which party generally has more knowledge about the value of the…

A: In the market for information, people gets information about goods and services by sellers and…

Q: Describe information imperfection and its role in market failure.  Do consumers possess perfect…

A: Imperfect information means that one party (either buyer or seller) has more information than the…

Q: causes of market failure

A: Market failure is defined as when the market operates at an inefficient level of output due to which…

Q: Need proper explanation

A: Central bank is the head of all commercial banks. There are many responsibilities that the central…

Q: Why is it needed to maintain Social Graces through certain unwritten guidelines that maintain the…

A: Social graces can be defined as a skill used for dealing with people and society. In order words it…

Q: . Which of the following IS NOT required in order for an interaction to be deemed corrupt:…

A: Corruption is when those in positions of authority, such as managers or government officials, act…

Q: Create a policy that would tamper the market failure.

A: Market Failure: Market failure is an economic situation that generally existed in the free market…

Q: A market is any arrangement that allow buyers and sellers to exchange things

A: # Buyers and sellers engage into the activity of the transaction of goods and services. Such…

Q: Contrast the two types of com petitionthat marketers face

A: Markets refer to a place where the buyers, and sellers interact. The interaction is done between the…

Q: a) Define negative reciprocity, and b) explain why this is the way that our current market-based…

A: Negative Reciprocity is a situation that occurs when a party tries to get more from the exchange as…

Q: The act of using goods and services to satisfy the human wants is known as ______

A: According to the given question In Economics human wants are generally classified as that type of…

Q: Based on the Customer Social Responsibility program, what are other areas that you think need…

A: Customer Social Responsibility program is a conscious business model aiming at making firms more…

Q: Improving your communication skills will enhance your career because Select one: a. the higher you…

A: Hi! thanks for the question but as per the guidelines, we can answer only one question at one time.…

Q: Is coupon usage a widespread activity in the targeted international markets?What other forms of…

A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: “In the Porter’s Five Forces model, the threat of substitute products refers to ______.”

A: The Porter's five force framework is tool that is used to understand the competitiveness of the…

Q: A) Condoms cost money, and are too expensive for many Africans, and therefore they have unprotected…

A: Answer for 35th question Explanation: Condoms value cash, and most households in Africa cannot…

Q: tina, a teenager, declined an invitation to have refreshments with her friends after Sunday School.…

A: Values are fundamental beliefs that guide or motivate behaviours or mentalities. They assist us in…

Q: It is the main link in the communication process between the seller And the buyer. Mean of…

A: The markets are the place where the buyers of the good, services and other products tend to meet and…

Q: Give at least five examples of hemogeneous products and their substitute

A: Homogeneous products are those products which have perfect substitute of it and both the goods give…

Q: Identify the knowledge the public should possessabout CAT if they wish to be informed consumers.

A: In any economy, the element of information helps the public to make informed choices. In an…

Q: Why is countertrade considered inefficient?

A: Meaning of Countertrade: The term countertrade refers to the situation where it differs from…

Q: Market failures Multiple Choice O O O о are only a concern when they result in prices that are too…

A: Market failure is a situation when the market is fail to allocate resources efficiently.  There are…

Q: Goods that satisfy humans wants though their direct use or consumption are called _______?

A: According to the given question In simple words the consumption in economics is basically known as…

Q: Number 9

A: The kind of car a person drives depends on her level of earning, her hard work and on how good she…

Q: Thelma owns a cat which wakes up her roommate Louise at 6am every morning. Thelma enjoys cat…

A: Every morning at 6 a.m, Thelma's cat wakes up her roommate Louise. Thelma appreciates having a cat,…

Q: Advantages and disadvantages of not going to a family trip and staying to attend classes.

A: Grade is determined by many factors such as number of hours studied, number of class attended and so…

Q: To what extent should the government interven in the market? Write a long 500 word answer.

A: The government interference in the market is restricted by Keynes, according to him the government…

Q: Government action can usually perfectly correct the market’s shortcomings. true or false

A: Government intervention takes place when there is market failure in the economy and the economic…

Q: The classification of goods or services into a particular class depends on the individual consumer.…

A: In a market, goods and services are classified into different groups based on their features and…

Q: set of guidelines for writing effective e-mails

A: We want our email recipients to take our message seriously, but we frequently don't give it much…

Q: The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses…

A: Health-care coverage Tucker is currently residing in the United States with his family. For his…

Q: Audiences are not concerned with where media texts come from.’ To what extent do you agree with…

A: Generally, people prefer to watch or reach the media text from a reliable source. The Sources of…

Q: Is it the only goal of economicpolicymakers?

A: A person held accountable for or being involved in the policy formulation process is known as the…

Q: What is not a means or medium of communication?

A: The sending and receiving of verbal or written communications between people and places is known as…

Q: pay $50, and person D is willing to pay $90. The willingness-to-pay is one

A: A and B will the pivotal person. They pay a combined tax of $60. Misreporting his willingness to pay…

Q: When Sasha's father speaks to her but she is distracted and looks around, he sometimes reaches out…

A: There are different kinds of toh which includes demand touch, friendship touch, social polite touch,…